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Strategies & Market Trends : Lizard King's Trading Swamp -- Ignore unavailable to you. Want to Upgrade?

To: LzzrdKing who wrote (3723)	1/7/1998 10:38:00 PM
From: TATRADER	Read Replies (1) \| Respond to of 7396

Lzzrd, noted in IBD that Neuberger and Berman Genesis fund moved into UTI on the recent slide...Also Pimco funds moved into OSTE on its pullback...I agree with your call on MDCO...However, I still may be tempted to short it, should it approach the neckline again at 22.50...My condolences on your loss....I have a similar situation with ANTC...I have a 2 point loss that I don't want to concede yet...However it reminds me of my recent UACA loss(one of two trades), that I played well...UACA broke from a pattern at 7.00..I was in just below...Unfortunately short..Then it moved to 7 7/8...I calculated overhead and figured the firepower wasn't sufficient to take it out... Figured it would return to breakout point and test it...Well it did... Got out with a 1/4 point loss...Now ANTC is doing the same thing at 16.00...We will soon see if history repeats itself, or I bite the bullet....Regards, Mark P.S.I know you didn't shake hands on the ITEQ deal, but I really only want a double, large coke and fries as a prize...I will send you my address in another month or so, and if you want to package one of NH2o's cigars along with the gift certificate, it would be appreciated... P.S.S. Remember I play this game just to win, money is secondary....